Tyler, MN 56178 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Tyler, MN—56178

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$172,000

1.2% YoY Growth

Household Income

$81,700

53.4% YoY Growth

Days on Market

107

9.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$657

94.0% YoY Growth

1-Bed Rent

$657

23.7% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

$1,400

N/A

Home Price Trends — Tyler, MN

Tyler, MN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$172,000	1.2%
Single Family	$171,000	1.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Tyler, MN

As of July '25, Rentcast reports the average rent in Tyler, MN is $1,030, with a year-over-year rent change of 94.0%. Per bedroom, the median rent as of July '25 in Tyler, MN is 1-bedrooms: $657, 3-bedrooms: $1,400. The most common rental property sizes in Tyler, MN are 2-bedroom and 3-bedroom, accounting for 57.7% and 23.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$657	$1,030
Studio Rent	N/A	N/A
1 Bed Rent	$657	$657
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,400	$1,400
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

10.8%

2 Bedrooms

57.7%

3 Bedrooms

23.1%

5+ Bedrooms

8.5%

Property Listings — Tyler, MN

As of Nov '25, Realtor.com reports that the median days on market for a home in Tyler, MN is 107. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$295,000	36.0%
Listing Count	4	-46.0%
Listings as % of Homes	0.7%	-46.0%
Days on Market	107	9.0%

Loading chart...

Demographics — Tyler, MN

As of the latest ACS Survey released in 2023, Tyler, MN has a population of 1,670, which has decreased by -12.7% over the past 5 years. Tyler, MN is a moderately popular place for families, as children make up 25.0% of the population. The area has a moderately educated workforce, with 26.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,670	-12.7%
% Under 18	25.0%	-5.7%
% Seniors	19.8%	-18.9%
% WFH	13.9%	65.5%
% w/ College Degree	26.7%	18.1%

Loading chart...

As of the latest ACS Survey released in 2023, Tyler, MN is a predominantly white area, with 94.7% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Tyler, MN is hispanic, making up 2.3% of the population. Foreign-born residents account for 0.4% of the population in Tyler, MN, and this percentage has decreased by 55.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	94.7%	-0.3%
% Black	0.0%	-100.0%
% Hispanic	2.3%	-4.2%
% Asian	0.4%	-20.0%
% Foreign Born	0.4%	-55.6%

Loading chart...

Mortgage and Risk — Tyler, MN

According to HUD data as of 2023, there were 52 mortgage originations in Tyler, MN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Tyler, MN. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	52
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	0.0%
% Second Loans	4.0%
% Cash Out Refinance	4.0%

Loading chart...

Rentals and Section 8 — Tyler, MN

Tyler, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	24
Total Units Section 8	18
% Rentals under Section 8	N/A
% Occupied Section 8	61.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$73	$657	$730
2 Bedroom	N/A	N/A	$930
3 Bedroom	-$170	$1,400	$1,230
4 Bedroom	N/A	N/A	$1,370

Tyler, MN—56178

Key Metrics at a Glance

Home Price Trends — Tyler, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tyler, MN

% of Rental Stock

Property Listings — Tyler, MN

Demographics — Tyler, MN

Race and Ethnicity

Mortgage and Risk — Tyler, MN

Mortgages

Rentals and Section 8 — Tyler, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Tyler, MN

Home Price to Income Ratio

Tyler, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Ruthton, MN

Russell, MN

Lynd, MN

Balaton, MN

Ghent, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.9
Median Home Price	$172,000
Median Household Income	$81,700

Tyler, MN—56178

Key Metrics at a Glance

Home Price Trends — Tyler, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tyler, MN

% of Rental Stock

Property Listings — Tyler, MN

Demographics — Tyler, MN

Race and Ethnicity

Mortgage and Risk — Tyler, MN

Mortgages

Rentals and Section 8 — Tyler, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Tyler, MN

Home Price to Income Ratio

Tyler, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Ruthton, MN

Russell, MN

Lynd, MN

Balaton, MN

Ghent, MN

Frequently Asked Questions

What is the average home price in Tyler, MN 56178?

How have home prices in Tyler, MN 56178 changed over the past year?

What is the home price projection for Tyler, MN 56178?

What are the demographics of Tyler, MN 56178?

How long does it take homes to sell in Tyler, MN 56178?

What is the average rent price in Tyler, MN 56178?